totten trust   (TTS Sound)

The totten_trust has 1 Senses.

• totten trust, savings account trust, trustee account, trust account, savings bank trust
• a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
• 受益者のために管財人となり、生涯にわたって管理する者によって預けられる預金口座